Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Small-business owners and SBDC leaders tell Assembly rising costs and tariffs squeeze margins; call for technical assistance and incentives

5590912 · August 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Local small-business owners, trade-association experts and workforce-board leaders told the California State Assembly in Paramount that rising rents, tariffs, insurance and supply costs are squeezing margins for microbusinesses and independent retailers, and they urged the state to expand technical assistance, targeted financing and incentives.

Local small-business owners, trade-association experts and workforce-board leaders told the California State Assembly in Paramount that rising rents, tariffs, insurance and supply costs are squeezing margins for microbusinesses and independent retailers, and they urged the state to expand technical assistance, targeted financing and incentives.

Pat Nye, leader of the Los Angeles Regional Small Business Development Center Network, said the region's one million small businesses face "unprecedented challenges" and that technical-assistance programs are a "lifeline" for entrepreneurs seeking capital, leases and business-model changes. Nye asked the Assembly to increase funding for small-business technical assistance—including grants that support the TAP program run by the state's Office of the Small Business Advocate—because demand…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans